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Dec 29, 2012
12/12
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KCSM
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the lawyer was imprisoned after accusing russian officials of the $230 million tax fraud. since his death, relations beween the u.s. and russia have increasingly soured, culminating in the adoption van --over 700,n children will suffer from the band. they are often raised in orphanages. for most of the children so far adopted by americans, it was the chance of their lives, but the legislators who support the law defended their decision. >> yes, this may be a step towards cold war, but this is about respect for our country. >> the bill also bans political organizations that receive funding from u.s. sources. human rights groups will be the worst affected. >> russia's foreign minister says moscow has invited the main syrian opposition coalition to talks. >> meeting with his egyptian counterpart, the russian foreign minister called on the syrian opposition to meet with the syrian president's government to end the 20-month civil war. the opposition says it will not negotiate with the assad government. this comes one day before the united nations special envoy is expected in mo
the lawyer was imprisoned after accusing russian officials of the $230 million tax fraud. since his death, relations beween the u.s. and russia have increasingly soured, culminating in the adoption van --over 700,n children will suffer from the band. they are often raised in orphanages. for most of the children so far adopted by americans, it was the chance of their lives, but the legislators who support the law defended their decision. >> yes, this may be a step towards cold war, but...
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Dec 28, 2012
12/12
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KCSM
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add to that a hike in the value- added tax. the combined savings are supposed to bring down spain's budget deficit. the eu is giving madrid more time to get its deficits in line. reductions in health spending are only part of the total to save, but the symbolic value of cutting medical care is great, and so is public anger. >> the son of pakistan's former prime minister has made his first political address. he told party supporters that he would carry forward his mother's legacy, saying that she had sacrificed her life for democracy. benazir bhutto was killed in a gun and bomb attack during her 2007 campaign. >> in student was brutally gang rape on a bus earlier this month, and the prime minister promised to review rape laws and punishments. demonstrators again took to the streets today, calling on the chief of the police department to step down. the government has also ordered an inquiry into the police handling of the case. meanwhile, the young woman whose case sparked the protests has flown to singapore for treatment. her si
add to that a hike in the value- added tax. the combined savings are supposed to bring down spain's budget deficit. the eu is giving madrid more time to get its deficits in line. reductions in health spending are only part of the total to save, but the symbolic value of cutting medical care is great, and so is public anger. >> the son of pakistan's former prime minister has made his first political address. he told party supporters that he would carry forward his mother's legacy, saying...
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Dec 26, 2012
12/12
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KCSM
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japan also plans to double consumption tax to 10% by october 2015. but the international monetary fund says a minimum of 15% is needed for full fiscal rehabilitation. the new government says it will first tackle economic recovery and plans to draft an extra budget for the current fiscal year. >>> populous, prosperous, pushing ahead. china's rise brought it wealth, power, and problems. an income gap divides its people. pollution threatens their health. and disputes at sea strains relations with its neighbors. find out the challenges china faces, on "newsline." >>> traffic in china is said to be more of a free-for-all than an orderly procession. motorists often ignore other motorists and pedestrians too, and the pedestrians also play fast and loose with the rules. one result, lots of accidents. so authorities are taking action. nhk world's takafumi terui has the report. >> reporter: red lights don't stop these pedestrians. and crossings, who needs them? as for drivers, when they change lanes, they barely give a thought to other motorists. not a day goe
japan also plans to double consumption tax to 10% by october 2015. but the international monetary fund says a minimum of 15% is needed for full fiscal rehabilitation. the new government says it will first tackle economic recovery and plans to draft an extra budget for the current fiscal year. >>> populous, prosperous, pushing ahead. china's rise brought it wealth, power, and problems. an income gap divides its people. pollution threatens their health. and disputes at sea strains...
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Dec 30, 2012
12/12
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WBAL
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one, some of the major taxes will roll out, three big taxes that are going to fund, although not, we should be clear on this, the tax on high value health insurance plans provided by employers. that won't begin until 2018. you will see changes t in the medical delivery system itself. key performance for hospitals in terms of how they pay for services, moving away for pay for volume and towards pay for quality. those are going to roll out over the next year. come the end of next year 13, we will see the massive coverage expansion where many, many, many people get the tax credit to either get private insurance or get covered by medicaid. bestill expect the scale of that expansion by the beginning of 2014 to be in the range of 25 to 30 million people. they will be a lot of folks. beyond health care, it becomes a lot less certain. gun control, i wouldn't -- i expect a significant conversation. it is hard to imagine anything tremendously radical being done given both the come position of congress and due to now congress's powerful areas. >> mike, what's your ideas or predictions for the n
one, some of the major taxes will roll out, three big taxes that are going to fund, although not, we should be clear on this, the tax on high value health insurance plans provided by employers. that won't begin until 2018. you will see changes t in the medical delivery system itself. key performance for hospitals in terms of how they pay for services, moving away for pay for volume and towards pay for quality. those are going to roll out over the next year. come the end of next year 13, we will...
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Dec 29, 2012
12/12
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FOXNEWSW
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. >> just about everybody is trying to stop the tax cuts from expiring. but billions in subidies for wind energy should be expiring. could they be right or will they blow up energy prices. we'll go in focus with steve bor bes and bill and morgan. is it paying off? >> no, it is 18 times that of nuclear energy. ronald reagan was right. thest thing to immortality is a government program. politicians are labeled with hot wind and we label the section gone with the wind. >> we have sending sib sidies in '92, has it been worth it. >> we are early inlet process. we have subsidized oil and coal and gas. we have done them from darn near a century. these don't look so bad. like it or not, the majority of americans believe that global warming is an issue. we need to develop clear energy sources. fossil fuels may be a difficult problem. we are subsidizing thingings. it is cheaper to produce energy from natural gas. it is a subsidies. other than it is natural gas there. it is 63 cents compared to $53. that is not a pay off to me. >> i will have to disagree with rick.
. >> just about everybody is trying to stop the tax cuts from expiring. but billions in subidies for wind energy should be expiring. could they be right or will they blow up energy prices. we'll go in focus with steve bor bes and bill and morgan. is it paying off? >> no, it is 18 times that of nuclear energy. ronald reagan was right. thest thing to immortality is a government program. politicians are labeled with hot wind and we label the section gone with the wind. >> we have...
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Dec 31, 2012
12/12
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CSPAN
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. >> people will have $9,444 before paying any tax at all. this is a direct fwoost the incomes of people working hard to provide for their families. it's 47 pounds next year in total of $267 pound cash next year. people working full-time on the minimum wage will have seen their income tax bill cut in half. and what we learned today is that growth is being downgraded, this year, next year, the year after, the year after, and the year after that too, mr. speaker. the longest double dip reception since the second world war, now followed by the slowest recovery in the last 100 years. >> when now the latest ficks shows business confidence falling, when the world economy is slowing, when the euro is at such chronic difficulty while plans the chancellor's fiscal strait jacket tightens further next year. it is simply reckless and deeply irresponsible for this chancellor to plow on with a fiscal plan we all know is failing on what he set. the fiscal rule is broken on every target they set themselves -- failing, failing, failing. cutting the trade, mor
. >> people will have $9,444 before paying any tax at all. this is a direct fwoost the incomes of people working hard to provide for their families. it's 47 pounds next year in total of $267 pound cash next year. people working full-time on the minimum wage will have seen their income tax bill cut in half. and what we learned today is that growth is being downgraded, this year, next year, the year after, the year after, and the year after that too, mr. speaker. the longest double dip...
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Jan 1, 2013
01/13
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WBFF
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heads senate overwhelming approoedda 3 last- minute package that era tax cuts in pllce for sh--- 400-thousand dollars... or couples making less than 450- pice president joe bbden delivered the news of a deal to ddmoocratic lawmakers. the packkge blocks spenddng unemployment benefits for the - longgterm jobless, prevents a 27 perrent cut innfees fr &pdoctors who treaa medicare patients and prevvnts a spike in milk prices. a last-minute additioo would also prevent a pay raise for members of congress from lawmakers are rrlievee thht phey ffnally reached an agreement. whole sot: working through the &pnight... weeve reached a deal.... ..... this legislation doos that that whole sot: we can say we've done some good or the country.... through... repuclibans arr eady for &pfor the house is expected ttovote on the proposal either today or tomorrow. cliff... llwmakers also have ceiling.the u-s rrached it's legal borrowing limit of 16-point-4 trillion dollars yesterday.the treasury department is taking measurrss to buy time until the end of february.they include... suspending some investmenns in
heads senate overwhelming approoedda 3 last- minute package that era tax cuts in pllce for sh--- 400-thousand dollars... or couples making less than 450- pice president joe bbden delivered the news of a deal to ddmoocratic lawmakers. the packkge blocks spenddng unemployment benefits for the - longgterm jobless, prevents a 27 perrent cut innfees fr &pdoctors who treaa medicare patients and prevvnts a spike in milk prices. a last-minute additioo would also prevent a pay raise for members of...
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Dec 26, 2012
12/12
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KCSMMHZ
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president is asking congressional executives to compile a compromise plan that features continued tax cuts for the middle class. that represents a shift in his policy that called for higher taxes on the wealthy, along with measures to cut the fiscal deficit. talks between democrats and republicans came to a standstill last week. a deal still remains uncertain. the republicans canceled a vote on their compromise plan. that's because many republicans remain opposed to any kind of tax hikes. >>> china has opened what it calls the world's longest high-speed rail line. the railway links the capital city of beijing and ghangzhou in the south. shun ishibe have more. >> reporter: the first high-speed train for beijing is about to leave guangzhou south railway station. many passengers are carrying coats, because the temperature in beijing is about 20 degrees centigrade lower than here in guangzhou. the new line stretches nearly 2,300 kilometers, including a section already in service. the trip between the two cities will take about eight hours instead of the current 20 1/2 hours. china says it
president is asking congressional executives to compile a compromise plan that features continued tax cuts for the middle class. that represents a shift in his policy that called for higher taxes on the wealthy, along with measures to cut the fiscal deficit. talks between democrats and republicans came to a standstill last week. a deal still remains uncertain. the republicans canceled a vote on their compromise plan. that's because many republicans remain opposed to any kind of tax hikes....
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Dec 31, 2012
12/12
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LINKTV
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it's a term used to describe the expiry of tax cuts dating back to 2001. if there is no deal, 88% of americans will end up paying $400 billion more in 2014. that will be coupled with more than a trillion dollars in automatic government spending cuts. according to the congressional budget office it will start with $200 billion in military and social welfare cuts next year. the big concern over falling off the fiscal cliff is it will send the u.s. back into a recession with, of course, global repercussions. it could be weeks before anyone feels the effects. and analysts say even without an agreement, politicians can reach other deals to soften the impact. >> u.s. president barack obama making a rare appearance on one of u.s. tv's agenda-setting sunday shows. he appealed to politicians of both parties not to let the u.s. go off the so-called fiscal cliff. the budget crisis, some kay -- say could tip the u.s. into recession dragging the rest of the world with it. >> over the next 48 hours, regardless of partisan differences our top priority has to be that taxe
it's a term used to describe the expiry of tax cuts dating back to 2001. if there is no deal, 88% of americans will end up paying $400 billion more in 2014. that will be coupled with more than a trillion dollars in automatic government spending cuts. according to the congressional budget office it will start with $200 billion in military and social welfare cuts next year. the big concern over falling off the fiscal cliff is it will send the u.s. back into a recession with, of course, global...
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Jan 1, 2013
01/13
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KQED
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the estate tax would rise to 40%. emergency unemployment benefits would be extended for another year. the alternative minimum tax would be adjusted for inflation permanently. and, in an effort to boost the economy, small businesses would be eligible for another year of bonus depreciation when they buy equipment. the big hang up is what to do about the sequester-- $110 billion in automatic spending cuts in defense and domestic programs that begin at midnight. democrats want to postpone the cuts for a year or more. republicans for just a few months. >> i think there are some republicans who believe there is no other trigger that will force another full scale debate on spending. >> the president says taxincrea. cutting spenting next year. >> iif they think that is thefos thing they have another think coming. that is not how it's going to work. we have to do this in a balanced and responsible way. and if we are serious about debt reduction then it's going to be a matter of shared sacrifice. that outraged republicans that
the estate tax would rise to 40%. emergency unemployment benefits would be extended for another year. the alternative minimum tax would be adjusted for inflation permanently. and, in an effort to boost the economy, small businesses would be eligible for another year of bonus depreciation when they buy equipment. the big hang up is what to do about the sequester-- $110 billion in automatic spending cuts in defense and domestic programs that begin at midnight. democrats want to postpone the cuts...
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trying to find your way through a complex tax system isn't bad enough in the u.k. you paying through the nose for telephone services to help them navigate it that's coming up later. another crew member has died after a passenger jet crash landed at one of moscow's busiest airports that brings the number of dead to five while three of those are still fighting for their lives in hospital the redwings plane skidded off the runway and plowed into the embankment of a major highway on saturday experts believe bad weather brake failure or simply pilot error could have led to the tragedy. now looks at how the events unfolded the twenty ninth of december the last working day of two thousand and twelve in russia . business is. the next. jump into their cars and escape the busy capital. highway heads to the west where most of the luxury estates and country houses are located traffic jams are karma but this time of the day this time of the year with one of the road is almost there . passengers come out of the car to see what the sound was a big sack to see anything but not thi
trying to find your way through a complex tax system isn't bad enough in the u.k. you paying through the nose for telephone services to help them navigate it that's coming up later. another crew member has died after a passenger jet crash landed at one of moscow's busiest airports that brings the number of dead to five while three of those are still fighting for their lives in hospital the redwings plane skidded off the runway and plowed into the embankment of a major highway on saturday...
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the estate tax would rise to 40%. emergency unemployment benefits would be extended for another year. the alternative minimum tax would be adjusted for inflation permanently. and, in an effort to boost the economy, small businesses would be eligible for another year of bonus depreciation when they buy equipment. the big hang up is what to do about the sequester-- $110 billion in automatic spending cuts in defense and domestic programs that begin at midnight. democrats want to postpone the cuts for a year or more. republicans for just a few months. >> i think there are some republicans who believe there is no other trigger that will force another full scale debate on spending. >> the president says taxincreases should. cutting spenting next year. >> ifif they think that is theformula for how we solve this thing they have another think coming. that is not how it's going to work. we have to do this in a balanced and responsible way. and if we are serious about debt reduction then it's going to be a matter of shared sacri
the estate tax would rise to 40%. emergency unemployment benefits would be extended for another year. the alternative minimum tax would be adjusted for inflation permanently. and, in an effort to boost the economy, small businesses would be eligible for another year of bonus depreciation when they buy equipment. the big hang up is what to do about the sequester-- $110 billion in automatic spending cuts in defense and domestic programs that begin at midnight. democrats want to postpone the cuts...
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Dec 27, 2012
12/12
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FBC
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and lower tax rates. david: the president will not -- he did say so you, by the way. said so in july of 2011. give us 1.2 trillion in additional revenues which could be accomplished without hiking tax rates and then in september 2011, he came out with his own budget in which he said the tax system should be simplified and work for all americans with lower individual and corporate tax rates and fewer brackets. the president said that just a year ago. >> ideology has trumped that practicality. brief period of practicality he had after the shellacking he took in the 2011, 2010 lech ounce is. now he is back to the old mode. we're all paying a price for it. david: okay. final question, is there any way we grow with a president who will not sign on to anything but higher tax rates for the rich? >> at best we'll have a stalled or gone 10 miles-an-hour on a super highway. david: you're not investing any of your money. >> i'm long term. i'm not going to try to time this market because when it turns it will be sudd
and lower tax rates. david: the president will not -- he did say so you, by the way. said so in july of 2011. give us 1.2 trillion in additional revenues which could be accomplished without hiking tax rates and then in september 2011, he came out with his own budget in which he said the tax system should be simplified and work for all americans with lower individual and corporate tax rates and fewer brackets. the president said that just a year ago. >> ideology has trumped that...
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and america is braced to plunge off the fiscal cliff as democrats and republicans haggle over taxes. on. a sacred place rising out of the waters of the lake the lawn ministry's home to one hundred fifty orthodox monks mostly younger than thirty five and they've come from many different places and backgrounds to live in isolation here spiritual life it takes up many hours on the road to becoming a monk requires both hard work and religious telly cation. salem's to become and herds cattle as part of this preparation. however these beasts get a musical company. down sequences you know they react to the sound signals the flutes the herders had in the old days they needed them it wasn't just fun but these meadows didn't come naturally requiring decades of composting to bring the soil up to farming standard this island is mostly rock. the soil here is very thin on the monks can't just get more of it because they're surrounded by the lake so they have to work very hard in order to provide whatever food they need. to grow their own crops found their own fish and repair their own churches. bu
and america is braced to plunge off the fiscal cliff as democrats and republicans haggle over taxes. on. a sacred place rising out of the waters of the lake the lawn ministry's home to one hundred fifty orthodox monks mostly younger than thirty five and they've come from many different places and backgrounds to live in isolation here spiritual life it takes up many hours on the road to becoming a monk requires both hard work and religious telly cation. salem's to become and herds cattle as part...
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Dec 31, 2012
12/12
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FOXNEWSW
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on the taxes, just on the taxes, as they are structured now, if you look at the tax deal, comparing it to what the re-knew you would get over ten years, it's roughly $600 billion that they get revenue coming in from the tax deal they are striking with the framework tonight. hurricane sandy recovery billion is $60.4 billion. it's about the same annually. >> preclintonnian tax and spend democratic philosophy. you take in $60 billion a year from the rich. and it's simply you spend half of that on unemployment insurance. the rest of is it spent on all the credits, tax credits which are going to be undone. which will be retaped. if a cliff is avoided and the deal was accepted. you take the money and you spend money. this would increase the debt and deficit. republicans have one choice in the house. i don't know if boehner is able to do it. we'll go over the cliff of midnight tonight. the rates will be at the high rate. the bush tax cut will be over. if boehner is smart and the republicans including the conservatives in the caucus are smart, they would accept that, because there is no way it
on the taxes, just on the taxes, as they are structured now, if you look at the tax deal, comparing it to what the re-knew you would get over ten years, it's roughly $600 billion that they get revenue coming in from the tax deal they are striking with the framework tonight. hurricane sandy recovery billion is $60.4 billion. it's about the same annually. >> preclintonnian tax and spend democratic philosophy. you take in $60 billion a year from the rich. and it's simply you spend half of...
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ahead understands president uses foreign companies of corruption saying they've withheld millions in taxes but some experts believe he's just trying to save face before nato forces leave. president putin says he will sign a bill which includes a ban on u.s. citizens adopting russian children you also promised to back a motion to increase domestic adoption and improve conditions for orphans inside the country the restrictions came about after washington's travel and financial sanctions against russian officials it alleges are involved in human rights violations moscow insists the counter legislation is not aimed at orphans or potential adoptive parents but it america's lax treatment of transit and lack of access to the children we spoke to an american adoption expert who says that tracking russian children are being treated in the u.s. is all but impossible. a lot of the cases have gotten very very light sentences for the caretakers whether foerster or adoptive of russian children here in the united states but we certainly have no idea how many children are enduring abuses surviving abuses
ahead understands president uses foreign companies of corruption saying they've withheld millions in taxes but some experts believe he's just trying to save face before nato forces leave. president putin says he will sign a bill which includes a ban on u.s. citizens adopting russian children you also promised to back a motion to increase domestic adoption and improve conditions for orphans inside the country the restrictions came about after washington's travel and financial sanctions against...
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Jan 1, 2013
01/13
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CSPAN2
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is the last effort that we had to tax the rich and it's backfired to where it now taxes everybody, or almost everybody. and so it desperately needed -- needed a fix. now we're talking about taxing the rich again. i hope that we can come up with some collective ways that will be certain that the people are rich and that it will last over time instead of just for a few short years. in my area of the world, the biggest thing in that bill was the estate taxes. people in own land in wyoming that they bought maybe at $40 an acre now have land that's worth $2,000 an acre or more, and they haven't figured out how to pay the taxes on these few acres that they were able to scrape together over a period of time if the amount of exemption went down to a million dollars. and that's where we were headed. and at a million dollars, they'd have to sell off part of their ranch, part of their farm in order to be able to pay the taxes when somebody died. all the time that land is making a profit, people are paying the taxes on it. then when they die, they have to pay taxes on something that they would li
is the last effort that we had to tax the rich and it's backfired to where it now taxes everybody, or almost everybody. and so it desperately needed -- needed a fix. now we're talking about taxing the rich again. i hope that we can come up with some collective ways that will be certain that the people are rich and that it will last over time instead of just for a few short years. in my area of the world, the biggest thing in that bill was the estate taxes. people in own land in wyoming that...
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they're the ones or create jobs when in reality when their taxes are higher under bill clinton three times as many jobs are created the propensity to add softer terms to the english lexicon has surged over the decades particularly when it comes to military related language there's a condition in combat most people know about it it's when a fighting person's nervous system has been stressed to its absolute peak and maximum can't take anymore and puts the nervous system has either snapped or is about to snap in the first world war that condition was called show shock today this same condition is known as an eight syllable hyphenated furries void of any emotion post-traumatic stress disorder the aftermath of war includes post-traumatic stress disorder those of you suffering from p.t.s.d. when it comes to a war where you have the most damaging euphemisms like when and so saying innocent civilians were killed in a drone strike you say there was collateral damage collateral damage. to me is the worst expression no it's innocent men women and children were killed in the collateral damage so
they're the ones or create jobs when in reality when their taxes are higher under bill clinton three times as many jobs are created the propensity to add softer terms to the english lexicon has surged over the decades particularly when it comes to military related language there's a condition in combat most people know about it it's when a fighting person's nervous system has been stressed to its absolute peak and maximum can't take anymore and puts the nervous system has either snapped or is...
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straight days of selloffs as panicky investors jump ship years day six hundred billion dollars worth of tax hikes and federal cuts are slated to come into force in america and the deal to avert that is still nowhere in sight there was artie's going to chicken reports the makings of this crisis with the rules to see. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and what they did was what they usually do they put off those important decisions until a certain deadline that deadline is now so we came up with this scary word cliff to create lots of drama around which should be the ordinary maybe somewhat boring working process of any congress or parliament that is to agree on a budget the need to deadlines so the cliff which actually describes the mode in which the congress is working their inability to make decisions until the very very last minute the cliff that u.s. lawmakers have artificially created could become very real for the american people the vast majority of them over one
straight days of selloffs as panicky investors jump ship years day six hundred billion dollars worth of tax hikes and federal cuts are slated to come into force in america and the deal to avert that is still nowhere in sight there was artie's going to chicken reports the makings of this crisis with the rules to see. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and what they did was...
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is still stuck on the edge of a cliff but only hours left before a tough mix of tax hikes and spending cuts hits americans. to gators begin ruling out possible causes for the deadly plane crash of the moscow. correspondent outlines the tragedies step by step. from the rest of middle eastern arab world to europe's money roller coaster the russian public getting more political vocal some of the major events that shaped twenty twelve. watching kerry just welcome to the program. trying to pull us back from the brink over the fiscal cliff couldn't get much closer to the wire in a few hours time americans will be hit hard by billions of dollars of tax hikes and spending cuts which will automatically come into effect on tuesday but republicans and democrats just can't agree on how to avert it and time is rapidly running out washington correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and what they did was what they usually do they put off those important decisions until a
is still stuck on the edge of a cliff but only hours left before a tough mix of tax hikes and spending cuts hits americans. to gators begin ruling out possible causes for the deadly plane crash of the moscow. correspondent outlines the tragedies step by step. from the rest of middle eastern arab world to europe's money roller coaster the russian public getting more political vocal some of the major events that shaped twenty twelve. watching kerry just welcome to the program. trying to pull us...
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trying to find your way through a complex tax system is not enough in the u.k. . to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to three others are still fighting for their lives the red wings' plane skidded off the runway and right into the bank of a major highway on saturday experts believe bad weather breaks or simply could have led to the tragedy. unfolded the twenty ninth of december the last working day of two thousand and twelve in russia. business is. the next here families. jump into their cars and escape the busy capital. highway heads to the west of moscow region where most of the luxury states and country houses are located traffic jams are common this time of the day and this time of the year but want to lock the road is almost. passengers come out of the car to see what the sound was think sex to see anything but no fish. just minutes before that and similar to all for what number ninety six i think is when the lit
trying to find your way through a complex tax system is not enough in the u.k. . to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to three others are still fighting for their lives the red wings' plane skidded off the runway and right into the bank of a major highway on saturday experts believe bad weather breaks or simply could have led to the tragedy....
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is still stuck on the edge of its fiscal cliff with only hours left before a tough mix of tax hikes and spending cuts hit americans. investigators begin ruling out possible causes for the deadly plane crash at a moscow airport our correspondent at the scene outlines the tragedy step by step. from the rest of the middle east and arab world to europe's money roller coaster the russian public getting more politically vocal and we sum up the major events that shaped twenty twelve. well it's a pleasure to have you with us here on new year's eve here in the russian capital the big show planned for you as we count down the last two hours of twenty twelve. thank you for joining us. now trying to pull the u.s. back from the brink of the fiscal cliff it couldn't get much closer to the wire at this point in just a few hours americans will be hit hard by billions of dollars of tax hikes and spending cuts which will automatically come into effect on tuesday the republicans and democrats are now in a last minute effort to avert it this time rapidly runs out how washington correspondent guy nature can
is still stuck on the edge of its fiscal cliff with only hours left before a tough mix of tax hikes and spending cuts hit americans. investigators begin ruling out possible causes for the deadly plane crash at a moscow airport our correspondent at the scene outlines the tragedy step by step. from the rest of the middle east and arab world to europe's money roller coaster the russian public getting more politically vocal and we sum up the major events that shaped twenty twelve. well it's a...
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british public the tax man has a whole array of telephone helplines to help and advise people on how to fill in the piles of forms needed for it getting through to someone might be a bit of a problem though britain is spending watchdog says that last year some twenty million phone calls went on answered by the government tax office and of those lucky enough to get through between the months of april and september over six million people had to wait for over ten minutes just to get an answer from someone and i've decided to give him revenue and customs premium priced phone line a call to find out how long it would take me to get through to them. i've spent over three and a half minutes waiting for someone to pick up the phone. last year customers spent an estimated thirty three million pounds in call charges just waiting to get through to somebody at the tax department experiencing what critics call a shameful level of service him revenue and customs have released a statement saying that they've lowered the cost of calls to one of their premium phone lines the most popular one they al
british public the tax man has a whole array of telephone helplines to help and advise people on how to fill in the piles of forms needed for it getting through to someone might be a bit of a problem though britain is spending watchdog says that last year some twenty million phone calls went on answered by the government tax office and of those lucky enough to get through between the months of april and september over six million people had to wait for over ten minutes just to get an answer...
WHUT (Howard University Television)
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Dec 28, 2012
12/12
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the cost as well, but these spending cuts and the tax rises effectively, the end of the tax concession, that's automatic. >> that is automatic yes but there is question where the money can be found if you like to plug the gap. they wouldn't have much impact for a while. but ultimately they would. and the difficulty is not necessarily the fact that the deadline, this deadline, which is some extent of official anyway would be overrun. it's more the uncertainty associated with it. how can you plan if you don't know what the tax rate will be? >> here in europe, one of the banks that caused a huge flurry at the time of its impact -- >> this could be a laymen of europe. we've had the euro in crisis which was sparked by soveren debt, which then destabilized debt. that had much more to do with property debt. this was a bank that was struggling because it was funded with short terms, not with deposits. it was the largest lender, it was huge. recognition if this bank was allowed to lick quick date, you would have the lehman style of effect. but the amount of money and care that has been taken in
the cost as well, but these spending cuts and the tax rises effectively, the end of the tax concession, that's automatic. >> that is automatic yes but there is question where the money can be found if you like to plug the gap. they wouldn't have much impact for a while. but ultimately they would. and the difficulty is not necessarily the fact that the deadline, this deadline, which is some extent of official anyway would be overrun. it's more the uncertainty associated with it. how can...
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Dec 24, 2012
12/12
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the middle class is not going to pay higher taxes. if we go into january, dagen, one of the things they will do is make whatever bill they pass retroactive to january 1st. i think there's way too much panic talk here. dagen: what went wrong with the plan b and house speaker boehner and if you have republicans who won't sign off on an increase above an income threshold of a million dollars, where do you think that that line falls for the whole of america? >> well, look, i think the deal that's going to emerge is probably some kind of income cut-off of about $500,000. and you're not -- you know, some republicans will vote for that. dagen: steve i apologize. let me interrupt you. i will come back to you. let's listen. wait till the sun shines. ♪ [clapping and cheering] dagen: annual christmas eve tradition at the new york stock exchange, a song written at the turn of the last century and they're still singing it downtown at the corner of wall and broad. steve, we both -- i don't know the lyrics and the world should be thankful for that
the middle class is not going to pay higher taxes. if we go into january, dagen, one of the things they will do is make whatever bill they pass retroactive to january 1st. i think there's way too much panic talk here. dagen: what went wrong with the plan b and house speaker boehner and if you have republicans who won't sign off on an increase above an income threshold of a million dollars, where do you think that that line falls for the whole of america? >> well, look, i think the deal...
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it has lost over seventy million dollars because nato link companies operating there are not paying taxes president karzai accuses foreign businesses of corruption for using their connections to avoid punishment but antiwar activist brian becker believes karzai is more concerned about his reputation and revenue. karzai is caught between a rock and a hard place he owes his very survival i mean in a literal sense to the occupying forces and yet at the same time he realizes that the afghan people deeply resent the foreign occupiers who have been there for more than a decade and so in order to have any credibility especially post two thousand and fourteen the karzai government and his followers must show at least some degree of nationalist credentials in other words some independence from the occupiers to whom they owe their survival so he's on the horns of a dilemma he cannot really escape i think this allegation against the foreign n.g.o.s for not paying their taxes which is probably true is his attempt to solve his own or save his own reputation for those who deeply resent the foreign occu
it has lost over seventy million dollars because nato link companies operating there are not paying taxes president karzai accuses foreign businesses of corruption for using their connections to avoid punishment but antiwar activist brian becker believes karzai is more concerned about his reputation and revenue. karzai is caught between a rock and a hard place he owes his very survival i mean in a literal sense to the occupying forces and yet at the same time he realizes that the afghan people...
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this is trying to find a way through a complex tax system wasn't enough in the u.k. millions have been paying through the nose for telephone service is to help them navigate it that's coming up later. five people are dead and three others are still fighting for their lives in hospital is the result of a red wings passion plane crash landing one of moscow's busiest ports scattering debris across a major highway experts cite bad weather brake system failure or simply pilot error could have led to the tragedy. look at how events unfolded the twenty ninth of december the last working day of two thousand and twelve in russia. business is. forgotten until the next year families. jump into their cars and escape the busy capital biggies go highway heads to the west where most of the luxuries they country houses are located traffic jams or karma but this time of the day this time of the year but one of the road is almost there. passengers come out of the car to see what the sound was a big sack to see anything but not this. just minutes before that and simpler to know for wha
this is trying to find a way through a complex tax system wasn't enough in the u.k. millions have been paying through the nose for telephone service is to help them navigate it that's coming up later. five people are dead and three others are still fighting for their lives in hospital is the result of a red wings passion plane crash landing one of moscow's busiest ports scattering debris across a major highway experts cite bad weather brake system failure or simply pilot error could have led to...
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apparently they've got the income tax level, the estate tax, capital gains tax, phase out deductions for people making over 250. when do we start to see the sequestration of the spending cuts? that really is the sticking point, right? >> i would prefer the republican approach, in that case, if that's what they want. i think -- we want another cliff to occur with the debt ceiling in order to force people to get together as they have today. >> right. >> look, here's the deal. i have never believed that taxing rich people is some sort of a moral imperative. my problem is, and i think the cliff is preferable to what's going on is not enough revenue in this. yeah, sure, you're going to tax people who make a lot of money and we can afford it. i think that's fun. it doesn't raise enough money to deal with the e deficit in a serious way. if you have the tax stuff you talked about, plus a significant spending sequester, you can get the spending cuts that you need in order to make a down payment on the deficit. this is really -- this is a political solution more than it is an actual deficit. >
apparently they've got the income tax level, the estate tax, capital gains tax, phase out deductions for people making over 250. when do we start to see the sequestration of the spending cuts? that really is the sticking point, right? >> i would prefer the republican approach, in that case, if that's what they want. i think -- we want another cliff to occur with the debt ceiling in order to force people to get together as they have today. >> right. >> look, here's the deal. i...
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we've got a deal on taxes. we've got a few kinks to work out but they are quote, very, very close to a deal. tune in tonight 6:00 to 7:00 p.m. live for coverage of the fiscal cliff. myself and a cast of thousands with your latest as we count down toward the end of the year. "closing bell" coming up next. could be a big final hour of trading. bill griffith and an australian woman hosting the next hour. stay tuned anyway. >>> yeah. hang on, kids. here we go. welcome to "closing bell." i'm bill griffith. >> and i'm the australian woman. i'm mandy back at cnbc's world headquarters standing in for maria bartiromo. here we go, folks. stap yourself in. last trading hour for the whole year. the fiscal cliff, there may be a merge. we'll bring more on that. >> take a look at the charts. this tells the story in the last few minutes with mitch mcconnell on the floor saying that we are very, very close. we'll get more details from john harwood in a moment, but right now the markets are voting and they're giving thumbs up wi
we've got a deal on taxes. we've got a few kinks to work out but they are quote, very, very close to a deal. tune in tonight 6:00 to 7:00 p.m. live for coverage of the fiscal cliff. myself and a cast of thousands with your latest as we count down toward the end of the year. "closing bell" coming up next. could be a big final hour of trading. bill griffith and an australian woman hosting the next hour. stay tuned anyway. >>> yeah. hang on, kids. here we go. welcome to...
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a russian lawyer who was charged with tax evasion put in preliminary confinement and then died while in custody now siggy magnus his family friends and several few unwise organizations believe the charges against one of these two were trumped up and that he died in custody from. these two acts are seen as the latest developments in the ongoing a tit for tat split diplomatic battle which seems to be going on despite the a reset button pushed several years ago russian studies and history professor steven cohen from new york and princeton university's says he's never been under any illusions about russia u.s. relations. there's an old russian saying we're friends are also deeds a lot of people in moscow and in washington when they passed the magnitsky act and now the ban on adoption in moscow may have thought they were just talking showing off playing grandstanding politically as we say in america but these words have consequences they have bet a few all this new cold war atmosphere which is enveloping the relationship between our two countries it's going to affect american relations wi
a russian lawyer who was charged with tax evasion put in preliminary confinement and then died while in custody now siggy magnus his family friends and several few unwise organizations believe the charges against one of these two were trumped up and that he died in custody from. these two acts are seen as the latest developments in the ongoing a tit for tat split diplomatic battle which seems to be going on despite the a reset button pushed several years ago russian studies and history...
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and imminent tax rate defaults. moscow says that the refusal refusal of serious k. opposition coalition to enter into dialogue with the government is a road to nowhere and will only result in further bloodshed at a meeting with international peace envoy to syria lakhdar brahimi foreign minister sergey lavrov reiterated that dialogue is the only means to resolve the conflict he has also stated on numerous occasions that although russia condemns the methods the syrian army is using in the war it will take no part in regime change in his and his his response to the leader of syria's key rebel group who demanded moscow apologies for what he described as support for president. i understand that mr hood is probably not very experienced in politics if he's looking to be a serious politician it is in his interest to hear our position from us and not from the media that sometimes disk. information so i'll repeat we're ready to talk to or opposition forces but we start from the premise that they should not only think about th
and imminent tax rate defaults. moscow says that the refusal refusal of serious k. opposition coalition to enter into dialogue with the government is a road to nowhere and will only result in further bloodshed at a meeting with international peace envoy to syria lakhdar brahimi foreign minister sergey lavrov reiterated that dialogue is the only means to resolve the conflict he has also stated on numerous occasions that although russia condemns the methods the syrian army is using in the war it...
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Dec 24, 2012
12/12
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is a fat tax like the one that they have in europe the way to do it? a vat tax? a value added tax? is that story coming up next. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quily spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> when you start talking about an issue of treatment of mental illness, the mentally ill should they have access to guns? well, there is a rational response that most americans have somebody who is not thinking clearly should not have a gun in their hands. but how do you define and that codify that into law? that's a much trickier issue. david: that was scott rasmussen with the latest poll on gun control and don't forget to tune into varney 9
is a fat tax like the one that they have in europe the way to do it? a vat tax? a value added tax? is that story coming up next. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quily spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our...